Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC boosted its position in Exxon Mobil Co. (NYSE:XOM) by 2.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,171 shares of the oil and gas company’s stock after acquiring an additional 1,269 shares during the quarter. Exxon Mobil accounts for 1.1% of Moloney Securities Asset Management LLC’s investment portfolio, making the stock its 14th biggest position. Moloney Securities Asset Management LLC’s holdings in Exxon Mobil were worth $3,331,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Nuveen Asset Management LLC increased its position in shares of Exxon Mobil by 5,514.1% during the second quarter. Nuveen Asset Management LLC now owns 22,672,032 shares of the oil and gas company’s stock worth $1,737,358,000 after acquiring an additional 22,268,191 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Exxon Mobil by 0.9% during the second quarter. Vanguard Group Inc. now owns 347,643,903 shares of the oil and gas company’s stock worth $26,639,953,000 after acquiring an additional 2,953,857 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Exxon Mobil by 22.2% during the third quarter. California Public Employees Retirement System now owns 10,458,189 shares of the oil and gas company’s stock worth $738,453,000 after acquiring an additional 1,902,091 shares during the last quarter. Thoroughbred Financial Services LLC increased its position in shares of Exxon Mobil by 7,471.5% during the second quarter. Thoroughbred Financial Services LLC now owns 1,771,803 shares of the oil and gas company’s stock worth $177,180,000 after acquiring an additional 1,748,402 shares during the last quarter. Finally, BlackRock Inc. increased its position in shares of Exxon Mobil by 0.4% during the second quarter. BlackRock Inc. now owns 280,882,107 shares of the oil and gas company’s stock worth $21,523,998,000 after acquiring an additional 1,069,038 shares during the last quarter. Hedge funds and other institutional investors own 54.39% of the company’s stock.

XOM stock traded up $0.65 during midday trading on Thursday, reaching $72.14. The company had a trading volume of 1,151,463 shares, compared to its average volume of 10,689,442. The company has a quick ratio of 0.47, a current ratio of 0.74 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average price of $69.63 and a 200 day moving average price of $73.08. Exxon Mobil Co. has a fifty-two week low of $64.65 and a fifty-two week high of $83.75. The firm has a market capitalization of $303.24 billion, a PE ratio of 14.63, a P/E/G ratio of 2.48 and a beta of 0.97.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.04. Exxon Mobil had a return on equity of 7.44% and a net margin of 5.43%. The company had revenue of $65.05 billion during the quarter, compared to the consensus estimate of $65.86 billion. During the same period in the previous year, the firm posted $0.82 earnings per share. Exxon Mobil’s quarterly revenue was down 15.1% compared to the same quarter last year. Research analysts predict that Exxon Mobil Co. will post 2.61 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 12th will be paid a $0.87 dividend. The ex-dividend date is Friday, November 8th. This represents a $3.48 dividend on an annualized basis and a yield of 4.82%. Exxon Mobil’s payout ratio is currently 70.59%.

A number of analysts have recently issued reports on XOM shares. UBS Group dropped their target price on Exxon Mobil from $87.00 to $75.00 and set a “neutral” rating on the stock in a research report on Friday, August 23rd. Independent Research set a $74.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Thursday, August 29th. Goldman Sachs Group reaffirmed a “neutral” rating and set a $74.00 target price on shares of Exxon Mobil in a research report on Friday, November 1st. Jefferies Financial Group reaffirmed a “neutral” rating and set a $76.00 target price on shares of Exxon Mobil in a research report on Friday, November 1st. Finally, Zacks Investment Research lowered Exxon Mobil from a “hold” rating to a “strong sell” rating and set a $79.00 target price on the stock. in a research report on Monday, July 22nd. Three research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and five have given a buy rating to the stock. Exxon Mobil presently has a consensus rating of “Hold” and a consensus target price of $78.91.

Exxon Mobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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